Today: Oct 11, 2024

Jamie Dimon warns of ‘crucial problems’ that would have an effect on US economic system

Jamie Dimon warns of ‘crucial problems’ that would have an effect on US economic system
October 11, 2024



JPMorgan Chase CEO Jamie Dimon at the Federal Reserves charge trajectory, 2024 economic system, looming financial institution laws and synthetic intelligence. JPMorgan Chase CEO Jamie Dimon on Friday warned buyers about present dangers to the worldwide economic system, and pointed to “crucial problems” going through the U.S., specifically. “We have now been intently tracking the geopolitical scenario for a while, and up to date occasions display that stipulations are treacherous and getting worse,” Dimon mentioned in a press unlock accompanying JPMorgan’s third-quarter income. “There’s vital human struggling, and the end result of those scenarios can have far-reaching results on each momentary financial results and extra importantly at the process historical past.” Jamie Dimon warns of ‘crucial problems’ that would have an effect on US economic system JPMorgan Chase CEO Jamie Dimon speaks right through an Financial Membership of New York match in New York, on April 23, 2024.  (Victor J. Blue/Bloomberg by way of Getty Pictures / Getty Pictures) “Moreover, whilst inflation is slowing and the U.S. economic system stays resilient, a number of crucial problems stay, together with huge fiscal deficits, infrastructure wishes, restructuring of industry and remilitarization of the sector,’ Dimon persevered. “Whilst we are hoping for the most productive, those occasions and the existing uncertainty show why we should be ready for any surroundings.”JAMIE DIMON STILL DECIDING ON PRESIDENTIAL ENDORSEMENT FOR 2024 GET FOX BUSINESS ON THE GO BY CLICKING HERE

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